Speaking Truth to Oppressed

Elon Musk to quit as Twitter CEO when replacement found

Elon Musk has said he will resign as Twitter’s chief executive officer when he finds someone “foolish enough to take the job”.

The billionaire previously promised to follow the results of a Twitter poll in which 57.5% of users voted “yes” to him leaving the role.

He claims he will continue to lead the software and server teams until a replacement is found.

Changes to the platform since his takeover have been widely panned.

Since Mr. Musk bought the social media site in October, he has fired about half of its staff and attempted a rollout of Twitter’s paid-for verification feature before putting it on pause. The feature was relaunched last week.

Civil liberties groups have also criticized his approach to content moderation, accusing him of taking steps that will increase hate speech and misinformation.

On Friday, Mr. Musk was condemned by the United Nations and European Union over Twitter’s decision to suspend some journalists who cover the social media firm.

The United Nations tweeted that media freedom was “not a toy,” while the European Union threatened Twitter with sanctions.

This is the first time the multibillionaire has responded to the Sunday poll asking whether he should resign. According to Mr. Musk, finding someone to take over the social media platform may be difficult. Some speculate that Twitter co-founder Jack Dorsey may return to lead the company.

“No one wants the job who can actually keep Twitter alive,” he tweeted following the poll.

Other names mentioned as possible replacements include Sheryl Sandberg, Facebook’s former chief operating officer, Sriram Krishnan, engineer and close confidante to Mr. Musk, and Jared Kushner, US former presidential adviser and son-in-law of Donald Trump.

In the past, Mr. Musk has obeyed Twitter polls. He is fond of quoting the Latin phrase vox populi, vox dei which roughly means “the voice of the people is the voice of God”.

In response to a tweet saying Twitter Blue subscribers “should be the only ones that can vote in policy-related polls. We actually have skin in the game”, Mr. Musk said: “Good point, Twitter will make that change.”

Twitter’s paid-for verification feature was rolled out for a second time last week after its launch was paused. The service costs $8 per month, or $11 for people using the Twitter app on Apple devices, and gives subscribers a “blue tick”.

Previously a blue tick was used as a badge of authenticity and was free.

 For weeks, investors have urged Mr. Musk to step down as CEO of the social media platform, claiming that he has been distracted from running Tesla properly.

The electric car company’s stock has dropped more than 65% in the last year.

Mr. Musk sold billions of dollars in Tesla stock to help fund his purchase, which pushed the stock down.

“Finally a good step in the right direction to end this painful nightmare situation for Tesla investors,” said Dan Ives from investment firm Wedbush Securities after Mr. Musk’s tweet on Tuesday.

 https://www.theasianmirror.com/news/13960/elon-musk-tweets-im-buying-manchester-united/

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